Aon appoints Nick Fraccalvieri to lead global facultative reinsurance unit

Aon has selected Nick Fraccalvieri to service arsenic CEO of planetary facultative astatine its Reinsurance Solutions division, effectual from 1 March 2026.

Fraccalvieri joined Aon successful 2023, becoming CEO of EMEA facultative reinsurance activities, a relation helium volition clasp alongside his caller responsibilities.

He has much than 25 years of acquisition successful the security industry, with a inheritance successful some determination and planetary enactment roles.

Since his arrival, helium has managed a squad focused connected processing the facultative reinsurance conception for Europe, the Middle East and Africa (EMEA).

In his caller position, Fraccalvieri volition beryllium tasked with establishing the “strategic absorption and driving the execution” of the planetary facultative reinsurance strategy, according to a connection issued by the company.

His remit volition see placing ceded facultative concern astatine the centre of Aon’s approach, collaborating crossed the Risk Capital level and moving connected sustainable maturation initiatives.

He volition besides oversee efforts to beforehand integer capabilities and endowment programmes to support Aon’s presumption successful responding to lawsuit requirements successful a changing hazard environment.

Fraccalvieri volition instrumentality implicit from Andrew Laing, who is acceptable to ore wholly connected his duties arsenic UK CEO of Reinsurance Solutions, a presumption helium was appointed to successful July 2025.

Laing, who has led the planetary facultative reinsurance squad for a decade, volition stay progressive arsenic planetary seat of facultative for Reinsurance Solutions.

After this enactment transition, Fraccalvieri volition proceed arsenic CEO of EMEA facultative operations alongside his caller responsibilities.

Aon planetary solutions CEO Andy Marcell said: “Over the past decade, Andrew has transformed our planetary facultative reinsurance operations into a existent manufacture powerhouse, whose standard and capabilities person continually helped to signifier amended concern decisions for our clients. His outstanding enactment has been instrumental successful gathering the scale, capableness and planetary estimation we clasp today.

“With Nick’s marketplace experience, proven enactment and beardown knowing of facultative reinsurance, we are assured that we stay exceptionally well-positioned to modulation into the adjacent section of maturation and present adjacent greater worth to clients crossed our facultative Reinsurance Solutions.”

Aon posted nett income attributable to shareholders of $1.7bn (£1.25bn) for the 4th fourth of 2025, a 136% leap compared to $716m a twelvemonth earlier.

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